HOUSING TRUST OF SANTA CLARA COUNTY INC
Rating: 5 stars 1 1 review
Issues: Homeless & Housing
Location: 1786 Technology Dr San Jose CA 95110 USA
Results: The Housing Trust of Santa Clara County can be credited with ensuring the valley’s teachers, police officers, firefighters, nurses, non-profit and civic employees are able to live in the communities they serve. We are a nationally-recognized, affordable housing investment trust offering loans and grants to create affordable housing opportunities. Since the Housing Trust began distributing loans in 2001, we have assisted thousands of low-to-moderate-income families to buy their first home in Santa Clara County; enabled thousands of units of affordable rental housing; and helped meet the demand for shelter and special-need housing.
Target demographics: Low-to-moderate-income, first-time homebuyers; non-profits providing homelessness prevention and affordable housing developers.
Geographic areas served: Santa Clara County
Programs: Through loans to developers, the Housing Trust of Santa Clara County invests in the creation of affordable multifamily rental homes, shelters and housing for people who are homeless with special needs. The Trust also provides direct assistance to qualified first-time homebuyers through a program of closing cost loans.
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The Housing Trust of Santa Clara County is one of the most innovative solutions to a regional affordable housing crisis anywhere in California or the United States. By partnering up local governments, with the private sector, and nonprofit housing organizations, the Housing Trust of Santa Clara County has been able to raise over $30,000,000 to create over 7000 new housing opportunities for low and moderating income families. The Housing Trust of Santa Clara County is truly a national model for showing how a region can work together to tackle major issues.
If this organization had 10 million bucks, it could...
fund twenty or more new affordable housing developments serving 400-600 families; or it could make 500 new first time home buyer loans.
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